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Category: Rackspace

Tectonic Ventures eyes up to $75m for second fundraise

Tectonic Ventures is back in the fundraising market looking to raise up to $75m for its sophomore investment vehicle.

Apollo’s Rackspace IPO values company at $4.18bn, below PE firm’s 2016 take-private valuation

Apollo Global has seen a disappointing IPO for portfolio business Rackspace value the business at about $4.18bn - less than the company's $4.3bn valuation when Apollo took it private four years ago.

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